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A 15-year, $1,000 par value bond has a 6.0% annual payment coupon. The bond currently sells for $975. If the yield to maturity remains at

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A 15-year, $1,000 par value bond has a 6.0% annual payment coupon. The bond currently sells for $975. If the yield to maturity remains at its current rate, what will the price be 5 years from now? Do not round your intermediate calculations. a. $952.29 b. $1,008.28 c. $970.60 d. $980.97 e. $989.05

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